High Point Spring Market Underway Now in North Carolina
High Point, NC, April 4, 2022—The High Point Spring Market is underway now in High Point, North Carolina.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Construction Employment Added 19K Jobs in March
Washington, DC, April 4, 2022—Construction employment climbed by 19,000 jobs between February and March, while spending on construction projects rose for the 12th month in a row in February, according to an analysis by the Associated General Contractors of America of government data.
Inflation Fears Could Fuel Investment in Real Estate
Lewis Center, OH, March 4, 2022-In the McKinsey & Company Global Private Markets Review 2022, it was pointed out that ‘investors’ fear of continued inflation could provide a new tailwind for real estate fundraising, or at least a different reason for allocating to the asset class.
Orders for Manufactured Goods Declined 0.5% in February
Washington, DC, April 4, 2022—New orders for manufactured goods in February, down following nine consecutive monthly increases, decreased $2.7 billion or 0.5% to $542.0 billion, the U.S. Census Bureau reported.
AHF Announces Price Increase on Select Products
Mountville, PA, April 1, 202-AHF Products will increase prices on select hardwood, vinyl and TimberTru flooring products in the U.S. and Canada effective on shipments on April 28 or after.
Armstrong Flooring (AFI) Amends ABL to Extend Sales Process Another 30 Days
Lancaster, PA, April 1, 2022—Armstrong has received several “non-binding” expressions of interest, and the creditors are giving the company an extra 30 days to pursue the sale of the company.
Construction Spending Rose 0.5% in February
Washington, DC, April 1, 2022-Construction spending during February 2022 was estimated at a seasonally adjusted annual rate of $1,704.4 billion, 0.5% above the revised January estimate of $1,695.5 billion, according to the U.S. Census Bureau.
Bill Storey Named Midwest VP of Sales for Dixie Group
Dalton, GA, April 1, 2022-- Bill Storey has joined The Dixie Group (TDG) as regional vice president of sales for the Midwest region.
PG Flooring Invents & Employs Robotics to Compensate for Manpower Shortage
Saint-Édouard-de-Lotbinière, Quebec, April 1, 2022-In December 2021, major projects valued at $4.6 million started in PG Flooring’s production plant, in Saint-Édouard-de-Lotbinière, with the installation of new custom-made robotic equipment.
Purchasing Managers' Index Declined 1.5 Points to 57.1% in March
Tempe, AZ, April 1, 2022—The March Manufacturing Purchasing Managers’ Index (PMI) registered 57.1%, a decrease of 1.5 percentage points from the February reading of 58.6%, say the nation's supply executives in the latest Manufacturing ISM Report on Business.